Hoopeston, IL Foreclosures
How much do homes sell for in Hoopeston, IL?
The average home price is currently $98,576.
In Hoopeston, IL, how many homes are available?
There are currently 31 active home listings available in Hoopeston.
What’s the average rental cost in Hoopeston, IL?
The average rental price in Hoopeston is $837.
What is the most expensive home in Hoopeston?
The most expensive home sold in Hoopeston had a price of $3,061,897.
What is currently the cheapest priced home in Hoopeston, IL?
The cheapest home for sale in Hoopeston is priced at $9,954.
Living in Hoopeston, IL
Hoopeston, IL is a picturesque small town that offers a strong sense of community and a dreamy rural lifestyle. With local festivals, parks, and schools, it is ideal for families and individuals seeking a peaceful environment. Close proximity to larger cities expands recreational and shopping opportunities.
Current Market Conditions in Hoopeston, IL
As of recent evaluations, Hoopeston's real estate market shows a steady trend in home prices, with a balanced mix of affordable options and mid-range listings. The demand for properties continues to grow, largely driven by families moving to the area for its excellent schools and community spirit. Buyers are finding good opportunities in this market, as prices are still relatively low compared to neighboring cities.
Over the past few years, there has been a notable increase in home renovations as homeowners invest in updating their properties, which contributes to an overall rise in property values. The job market remains stable, bolstered by the agriculture and retail sectors, attracting new residents.
Home Value Estimator For Hoopeston, IL
There are currently 2,290 real estate properties
in Hoopeston, IL,
with a median automated valuation model (AVM) price
of $74,140.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hoopeston, IL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Hoopeston, IL,
is $98,576.00, with the most expensive house
in Hoopeston, IL, topping out
at $3,061,897.00 and the cheapest home
in Hoopeston, IL,
clocking in at $9,954.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hoopeston, IL!
Rent Prices
In Hoopeston, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hoopeston, IL, is on
a rollercoaster ride. The
average rent price in Hoopeston, IL,
is $837.00. Indeed, when looking to rent in
Hoopeston, IL, you can expect to pay as little
as $450.00 or as much
as $2,340.00,
with the average rent median estimated to
be $790.00. The good news is that finding
an affordable and desirable property to rent in Hoopeston, IL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
